Industrialist B K Birla passes away

Industrialist B K Birla passes away

Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15

PTIUpdated: Wednesday, July 03, 2019, 05:03 PM IST
article-image
B K Birla | Photo Credit: Twitter

Mumbai: Industrialist B K Birla, the grandfather of Kumar Mangalam Birla, died in the financial capital on Wednesday, sources said. He was 98. Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15. He was instrumental in a slew of business initiatives, starting with his stint as the chairman of Kesoram Industries, they said.

Specifically, he tapped into opportunities in sectors like cotton, viscose, polyester and nylon yarns, refractory, paper, shipping, tyrecord, transparent paper, spun pipe, cement, tea, coffee, cardamom, chemicals, plywood, MDF Board, according to a profile available online. Kumar Mangalam Birla's father Aditya Vikram Birla, who died in 1995, was his only son.

RECENT STORIES

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY